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LATEST NEWS FOR Santam Ltd.  

Santam is a multinational general insurance group that writes insurance business in South African and Namibia and has investments and clients in a further 31 countries. It is the leading general insurer in South Africa with a market share of more tha... [more info]

Santam to process claims of 4 000 more clients hit by Covid-19 lockdown

UPDATE
25 Jan 2021 /  Promit Mukherjee, Reuters  
Beyond just the claims under its hospitality and leisure division.

‘Tsunami’ of legal certainty, now insurers must pay up

19 Jan 2021 /  Suren Naidoo   9
UK business interruption test case ruling reinforces hospitality industry calls for Covid-19 claims to be settled.

Santam stands behind business interruption insurance decision

13 Jan 2021 /  Nompu Siziba  
Ryan Woolley – CEO, Insurance Claims Africa

Santam: High Court ‘erred’ in business interruption judgment

13 Jan 2021 /  Suren Naidoo   11
Group insists infectious diseases extension only covers policyholders for 3 months.

Santam to start assessing some rejected Covid-19 claims

UPDATE
4 Jan 2021 /  Emma Rumney, Reuters   1
Following recent court rulings.

Massive Covid-19 blow for insurers: Guardrisk loses Supreme Court appeal

UPDATE
17 Dec 2020 /  Suren Naidoo   15
New precedent in Café Chameleon business interruption insurance case could open the way for billions of rand more in pandemic-related claims

Old Mutual Insure the latest loser in Covid-19 claims battle

26 Nov 2020 /  Suren Naidoo   7
Luggage retailer Interfax wins business interruption insurance case in Western Cape High Court.

Santam fails to get Guardrisk’s Café Chameleon appeal postponed

UPDATE
24 Nov 2020 /  Suren Naidoo   7
Judgment reserved in landmark business interruption insurance case, but decision expected before year end.

Santam to appeal Covid-19 ruling

UPDATE
20 Nov 2020 /  Emma Rumney, Reuters   8
Court found the insurer liable to pay a client's business interruption claim.

Ma-Afrika wins court battle against insurance giant Santam

UPDATE
18 Nov 2020 /  Suren Naidoo   16
Another blow to short-term insurers trying to wriggle out of honouring Covid-19 business interruption claims.

Café Chameleon wants business interruption insurance case concluded at SCA

3 Nov 2020 /  Suren Naidoo   10
Short-term insurers and their clients eagerly await the Supreme Court of Appeal judgment in the case involving Guardrisk.

Insurance: The devil really is in the detail

17 Sep 2020 /  Adriaan Kruger   5
Insurers may be in the wrong in rejecting some claims, but more often than not it's the policyholder who got something wrong.

Sanlam raises R7.7bn in impairments

11 Sep 2020 /  Adriaan Kruger   4
Solid operational results marred by unusual costs and impairments.

Sanlam diluted HEPS up 10% despite tough operating environment

10 Sep 2020 /  Nompu Siziba   
Paul Hanratty – CEO, Sanlam

Jury still out on business interruption claims

4 Sep 2020 /  Adriaan Kruger   3
Santam says it is liable to pay R250m but has set aside R1.3bn.

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